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What's Going On With Gold? Massive OTC Options Position?
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Manage episode 412131679 series 30675
I wanted to take a look at the gold price today. As I'm sure you are aware, it has been extraordinarily strong in recent weeks.
$2,100/oz, or just below, was resistance for four long years. Each attempt - and there were at least three - to get through that level stuttered and stalled. Then, last month, after a false break late last year, we broke out. Gold has not looked back, suddenly putting on over $200 and behaving like something out of the spivvier end of the cryptocurrency markets.
477 episodes
Fetch error
Hmmm there seems to be a problem fetching this series right now. Last successful fetch was on August 12, 2024 13:46 ()
What now? This series will be checked again in the next day. If you believe it should be working, please verify the publisher's feed link below is valid and includes actual episode links. You can contact support to request the feed be immediately fetched.
Manage episode 412131679 series 30675
I wanted to take a look at the gold price today. As I'm sure you are aware, it has been extraordinarily strong in recent weeks.
$2,100/oz, or just below, was resistance for four long years. Each attempt - and there were at least three - to get through that level stuttered and stalled. Then, last month, after a false break late last year, we broke out. Gold has not looked back, suddenly putting on over $200 and behaving like something out of the spivvier end of the cryptocurrency markets.
477 episodes
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